The closing price of Clarivate Plc (NYSE: CLVT) was $7.07 for the day, down -4.20% from the previous closing price of $7.38. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 10288458 shares were traded. CLVT stock price reached its highest trading level at $7.30 during the session, while it also had its lowest trading level at $6.88.
Ratios:
Our analysis of CLVT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.80.
On October 16, 2023, Jefferies Upgraded its rating to Buy which previously was Hold and also lowered its target price recommendation from $10 to $8.50.
Barclays Downgraded its Equal Weight to Underweight on September 08, 2023, whereas the target price for the stock was revised from $8 to $7.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLVT now has a Market Capitalization of 4.71B and an Enterprise Value of 10.54B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.79 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 4.01 whereas that against EBITDA is -1.00k.
Stock Price History:
Over the past 52 weeks, CLVT has reached a high of $11.99, while it has fallen to a 52-week low of $6.07. The 50-Day Moving Average of the stock is 9.02, while the 200-Day Moving Average is calculated to be 8.05.
Shares Statistics:
CLVT traded an average of 4.67M shares per day over the past three months and 5.4M shares per day over the past ten days. A total of 666.10M shares are outstanding, with a floating share count of 369.77M. Insiders hold about 44.31% of the company’s shares, while institutions hold 64.98% stake in the company. Shares short for CLVT as of Feb 15, 2024 were 38.48M with a Short Ratio of 8.24, compared to 32.76M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.78% and a Short% of Float of 7.51%.
Earnings Estimates
The firm’s stock currently is rated by 11 analysts. On average, analysts expect EPS of $0.17 for the current quarter, with a high estimate of $0.18 and a low estimate of $0.15, while EPS last year was $0.18. The consensus estimate for the next quarter is $0.21, with high estimates of $0.22 and low estimates of $0.2.
Analysts are recommending an EPS of between $0.88 and $0.77 for the fiscal current year, implying an average EPS of $0.83. EPS for the following year is $0.87, with 10 analysts recommending between $1.02 and $0.79.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $658.81M to a low estimate of $609.68M. As of the current estimate, Clarivate Plc’s year-ago sales were $622.64M, an estimated increase of 1.00% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $673.83M, an increase of 0.80% less than the figure of $1.00% in the same quarter last year. There is a high estimate of $691.98M for the next quarter, whereas the lowest estimate is $653.37M.
A total of 11 analysts have provided revenue estimates for CLVT’s current fiscal year. The highest revenue estimate was $2.72B, while the lowest revenue estimate was $2.61B, resulting in an average revenue estimate of $2.66B. In the same quarter a year ago, actual revenue was $2.63B, up 1.10% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $2.75B in the next fiscal year. The high estimate is $2.82B and the low estimate is $2.69B. The average revenue growth estimate for next year is up 3.60% from the average revenue estimate for this year.
